The significant plunge back into the range featured the lowest TICK reading since April of 2010. It takes a lot of horsepower to get readings of -1500, and we get to soon see if this was an exhaustive reading or a signal to watch out for more downside.
Red bar, green bar is the pattern and a lot of folks are emotionally short (and could get squeezed). But further extension to range lows makes sense too.
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